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We Lounge - In this online ini a ve, dignitaries from various walks of life share their success
stories and also provide you with an in-depth analysis of how to be triumphant in your business
and over come obstacles. An interview with these luminaries on their success stories help you to
get all the informa on about their life journey and will inspire you to face the challenges of life.
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Reference
Learnings:
From this video I understood various points as he...
Spoke about his journey from 1994 as an engineer at
Alstom, Schneider, then onwards to RPG group,
Wockhardt and then a long stint at Thomas cook
where he looked after insurance and HR business as
part of senior leader ship team, and finally at CIPLA as
his current stint
Mr. Ravi Nair Spoke highly of his stint at IIM A, his learning and
influences there and the perspectives and views it gave
him.. and his success mantra as to acknowledge and
respect the views of others but have your own mind
and doing things u know are right and also the
principle to work well so as to ensure a good sound
sleep at night.
Organon President Spoke on how right from his stint at Alstom he realized
the importance of the role of HR in an organization
Sales & Marketing and the being people centric.All this having reinforced
his dedication to HR.
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Contd…. Spoke on the different styles and culture of work
across the organizations he has worked with. He
Spoke on how HR was more of an admin function with reasoned the topographical and cultural diversity of
process and operations being its core aspects.. and as
to how his most important role at HR is a fulcrum, a India being responsible for the cultural diversity in
balancing act between the business and the people in organizations of which we need to be aware of and that
the organization and how he has changed the role of we need to appreciate.
HR from admin to that of a business partner of the
organization. Spoke on working on developing his generic
Spoke of the role, responsibilities and challenges of an competency framework while at RPG for the Centre
HR person.. of learning and how they managed to create a
leadership cadre.
Spoke on the aspirations of employees, reactions
because of the same and managing and aligning the Spoke on the importance of succession planning.
aspirations of employees with that of the
organization.. the balance of HR being and emotional, Leadership interventions are necessary for the same.
operational and financial function
HR should be taken as a profession only if one is
Spoke on the difference between theoretically interested to take it up. Should not be taken up if its
imparted knowledge from books and that of because one has run out of options. HR is not for those
who are looking for short term success.
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l Individuals should look for value add to themselves l Have purpose, principles, passion & proficient in
and the organization when making a job change life
rather than just jump for a higher remuneration.
l Be happy!
l Research development is very important in HR.
China is the biggest competition to India in the global Learning and information flow is a two way process
textile industry.The others are Indonesia, Pakistan and between seniors and juniors and should be facilitated.
Korea.
Zeal, a positive attitude, communication and a
The greatest market for home textile export is US and confidence in ones point of view is importance for a
Europe. candidate to be selected into a job.
Consumer awareness is much higher than before and A leader should always lead by action and example.
hence their expectation and demands are higher.
Do whatever you do with pride
Innovation various aspects is hence very important to
sustain and succeed in a business. The internet is going to be the biggest marketing tool
in the near future.
Quality, innovation and strong marketing is very
important to capture the market.
Innovation is an investment for a company and not a
spending.
Walmart and Ikea have different operating models and
hence are no threat to Indian textile manufacturers
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Service to people is the prime business objective
Pidilite Industries Ltd - President To develop a good employee, train the candidate with
good values and ethics.
13 Kesari used CRM way back in 1985 and this was a big
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success for their customer recall. key aspect to designing a successful marketing
campaign.
A good customer service person is one who cares and
feels for the clients. Every small aspect of an employee, a mannerism etc
drives the brand identity of the company.
A child's development is much before birth and
conception but rather right from the childhood of the Importance should be given to a minority if unsatisfied
parents and especially the mother. rather than gloating on the majority of the satisfied
Empowerment of the people is a key aspect. The power of thought process and positivity is very
crucial in management.
They innovated ERP at a nascent stage and this made
them stand out from all the competition A positive thought process can change ones future for
the better.
An image that we have in the world is created by
ourselves and the rectification is up to us.. Passion for excellence is the greatest driving force.
Indian tourist were differentiated much in earlier years Sometimes small inputs even from children can make a
but now the world acknowledges that Indian tourists big difference.
spend the most and have begun to accept and respect
them.
Data and statistics and the analysis of the same is the
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1
WE TUBE
New Age Marketing
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Benefits 2
- New business opportunity
-
-
Global reach
Improved customer services Online Marketing
- Improved profitability
- Better forecasting and decision making
MB consists of
- Direct costs
- Indirect costs
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4 Micro finance is given for one year and are paid weekly.
They have higher rate of interest.
Learnings:
l Stimuli and Response
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1
Marketing without spending
- Krishna Sharma
LEARNINGS:
2 3
4 P’s of Management Career Management
Rohan Dhakad Business line
LEARNINGS: LEARNINGS:
A very informative article on a new concept that has A small concise article on the future of Digital retail in
caught up in the social networking media pretty much India and the growth projections of the business and
the same way the zoo zoo's had done in the Television the plans made by the Reliance group to ride the
and print media a while ago.. except that trolls were wave...
not created with this intention in mind. An invention
whose roots cant be traced, the troll is a simple Data and statistics and the analysis of the same is the
cartoon figure with a comic appeal to it and is pretty key aspect to designing a successful marketing
much a known figure having grown in popularity over campaign.
the last year. It is said to be an untapped medium and
can do wonders if utilized well for advertisements' Every small aspect of an employee, a mannerism etc
etc.. drives the brand identity of the company.
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Importance should be given to a minority if unsatisfied
rather than gloating on the majority of the satisfied.
4
The power of thought process and positivity is very Restaurant chain KFC
crucial in management.
to install self service
kiosks in NZ stores
RBR
LEARNINGS:
This article talks about the plans by fast food chain KFC
in implementing a new system of self service in their
outlets that has not been seen before in this industry..
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l Networking is not a one-time thing. You should
try to constantly expand your network and
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improve upon your networking skills. The more News In Brief
you practice networking, the better you will
become with this skill. l Sectors in which more employers worldwide plan
to hire MBAs this year than in 2012 include:
l Make a personal goal to attend at least one energy/utilities (86% up from 69% in 2012);
networking event per month. Reorder business healthcare (89%, up from 77% in 2012); and
cards to ensure you have plenty for your next consulting (79%, up from 69% in 2012).
event. l "These results positively answer many of the
primary questions MBA candidates ask about the
opportunities an MBA degree may present to
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someone you employ' sums up that employee 10
motivation can only be built on a strong base of
trust," 5 Myths About
Job Searching
l Around 66% of the global workforce intend to
search for a new job next year, with Gen X
workers being the most likely to quit.
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Prin. L. N. Welingkar Institute of Management Development & Research
Mumbai: L. N. Road, Matunga (CR), Mumbai - 400 019. Tel : (022) 24198300
Website: www.welingkaronline.org